Waterfront Ground-Floor Retail
For Lease
$32 SF/Yr
640 Water Street, Saugatuck, MI 49453
Commercial Lease, Saugatuck, MI
Space Size1,790 SF
Lot Size0.30 Acres
Days on Market48
Property Features for 640 Water Street
General Information
Property type
Commercial Lease
Property subtype
Retail
Property condition
Under Construction
Zoning description
C-1
Fireplace
1
Elementary school district
Saugatuck-Douglas
Middle school district
Saugatuck-Douglas
High school district
Saugatuck-Douglas
Standard status
Active
APN
57-300-030-00
Size
1,790 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Description
LOT 30 & N 1/2 LOT 31 KALAMAZOO PLAT.
Legal Description
LOT 30 & N 1/2 LOT 31 KALAMAZOO PLAT.
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Water front
1
Amenities
private rear patio
boat slips
Building Details
Year built
2027
Building materials
Wood Siding, Metal Siding
Roof type
Composition, Metal
Listing Agency:
Cornerstone Real Estate
(734) 316-5886
Listed By:
Jack Brown
(734) 323-3883
Added: Sep 2
Changed: Oct 8
Last Checked: Oct 19 at 5:06PM
MLS# 26046764
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This ground-floor retail space is under construction and is estimated for completion in August 2027. The entire first floor provides 1,790 square feet of adaptable commercial area, with forced-air heating, central air, wood and metal siding, and metal and composition roofing. A private rear patio extends the usable space outdoors and overlooks the Kalamazoo River.
Located at 640 Water Street in Saugatuck, the property is within the C-1 City Center Commercial District. Permitted uses include restaurants and bars, boutique and specialty retail, art galleries, artisan studios, personal services, financial institutions, and professional offices. Up to five boat slips behind the property may also be available to lease, subject to separate terms.
Located at 640 Water Street in Saugatuck, the property is within the C-1 City Center Commercial District. Permitted uses include restaurants and bars, boutique and specialty retail, art galleries, artisan studios, personal services, financial institutions, and professional offices. Up to five boat slips behind the property may also be available to lease, subject to separate terms.
Key Highlights
- 1,790‑square‑foot ground‑floor retail space spanning the entire first floor
- Estimated August 2027 completion; property is currently under construction
- Private rear patio with Kalamazoo River views
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 81%
Dining 19%
Glik's
Apparel
2,994 visits/mo
0.2 miles
Kilwin's
Dining
689 visits/mo
0.3 miles
Demographics for 49453, MI
2,950
Population
2,113
Households
1.4
Avg Household Size
53
Median Age
52%
College-Educated
98%
High-School Grad
10.4 sq mi
ZIP Area
284
Density / Sq Mi
$101,250
Median Household Income
$49,970
Median Earnings
$766
Median Rent
$487,400
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - New construction space with a private patio and direct water views.
Where is this retail space located?
The property is located at 640 Water Street Saugatuck, MI.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: 1,790‑square‑foot ground‑floor retail space spanning the entire first floor; Estimated August 2027 completion; property is currently under construction; Private rear patio with Kalamazoo River views
